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Thread: China, Russia quit dollar

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    Attn2 China, Russia quit dollar

    Premier Wen Jiabao shakes hands with his Russian counterpart Vladimir Putin on a visit to St. Petersburg on Tuesday.ALEXEY DRUZHININ / AFP
    St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.


    http://www.chinadaily.com.cn/china/2010-11/24/content_11599087.htm
    CORPORATE GREED AND UNION GREED
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    Re: China, Russia quit dollar

    ARRRGGH!!!! Dooooom!!!!

    Basically in trade between EACH OTHER, they will use their own currency.

    You might say that It really doesn't make any friggin' difference. But if it lowers our Prefered Reserve status..... well......
    Last edited by The Giant Noodle; 11-25-10 at 01:08 AM.
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

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